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A look at a High Market Cap Stock: The Progressive Corporation, PGR

The Progressive Corporation, PGR is in the exchange NYSE and its industry is Property & Casualty Insurance in the sector of Financial. Based in USA, The Progressive Corporation, PGR  has a market cap of 19502.59. Since its IPO date on the 7/9/1986, The Progressive Corporation, PGR performance year to date is 8.69%. Today The Progressive Corporation, PGR has gained -0.22%, with a current price of 33.51.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 77.70%. The management of the company have seen the company have a payout ratio of 52.90%. Return of assets are at 3.10%, with return on investment at 14.40%.

In terms of debt levels and profit levels, The Progressive Corporation, PGR is seeing a long-term debt/equity of 0.39. While Total debt/equity is 0.39. With a profit margin of 4.30%, this is combined with a gross margin of *TBA, and operating margin of 7.00%. The Progressive Corporation ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year The Progressive Corporation, PGR has seen a EPS growth of -0.10%. A performance for the year of 12.14%. The 52-week high is -5.73%, and the 52-week low is 17.62%. The average volume for The Progressive Corporation, PGR is 231966.

With a target price of 32.77, can The Progressive Corporation, PGR reach this target? Looking at the value indicators of The Progressive Corporation, PGR. The Progressive Corporation has a P/E of 20.11 and a forward P/E of 16.72. Perhaps the more useful indicator than P/E, is PEG which has a value of 3.13. The Progressive Corporation also has a P/S and a P/B of 0.86 and 2.41 respectively. For P/cash, The Progressive Corporation has a value of 136, while it is 11.69 for P/free cash flow.

At the current price of 33.51, The Progressive Corporation has a dividend yield of 2.64%. We see a return on equity of 12.70%.

Looking more long-term The Progressive Corporation, is projected to get an EPS growth for the next five years of 6.42%. In the short-term an EPS growth of 32.63% in the next year is forecasted. This is after a EPS growth of -0.10% for this year and for the last five years a 6.00% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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